"Starting today, Walmart has dropped prices on both the iPhone 5 and iPhone 4S, with the 16 GB iPhone 5 now on sale for just $127 and the iPhone 4S coming in at $47." I'm sure a 33% price cut right ahead of the holidays is totally normal for a product of which demand outstrips supply. Right?

Good Lord, yes. We had to go to Walmart yesterday to pick up four items (it was on the way to our final destination) and we got in the "15 items or less" line. The family in front of us were attempting to circumvent the item restriction; each of the three women had 15 items and were paying separately, but were obviously together as they were sharing a shopping cart.

On top of that, they were attempting to haggle with the cashier over the price of every single item! We gave up after about five minutes of frustration and went to a longer, but functioning line.

I can only imagine if they were trying to get iPhones; they would probably attempt to get them for free or something.